I had none of the discipline, so I started with small habits that could grow.

Some policies will not pay out if they find out that the property was not habitable initially or if the work lasts longer than 30 days.

Most buyers, again most, look for solid comps to justify paying the price for a property.Both are important for any deal, but understanding the difference is VITAL!

The author studies the habits of rich people.

Finally decided...Being persistent, working hard, having habits like reading at least 10pages a day, listening to 1podcast/day from Bigger Pockets, making savings....it's time to move forward. 

@Jungae Park - I'm assuming it's listed as 'cash only' because it's in poor condition, and the seller does not expect it to qualify for conventional or government (ex: FHA) financing as the appraisal will indicate 'subject to' completion of necessary repairs to make the place habitable.

If you look scared or do not sound confident when you are speaking about the process, the seller will have no confidence in your abilities.In addition, it is more vital for you to listen to the seller than it is to talk to him or her.

I know investors that think high end tenants, high end rentals, and low cap are a good deal, I know investors that think the least money down and high ROR is a good deal, I know investors that think a high cap rate is a good deal, I even know investors that think barely habitable properties with lots of "potential" is a good deal.

Many contractors fail because of personal habits, divorces and other distractions. 

Application of these skills and knowledge is vital to growth in the industry.Regarding the student debt, depending on the rate it is at, it may be worth focusing on paying it down while you further your education in real estate.